McDermott signs bareboat charter

Dec. 17, 2012
Oceanteam Shipping ASA has agreed to a bareboat charter with a subsidiary of McDermott for the construction support vessel North Ocean 102.

Offshore staff

BERGEN, Norway – Oceanteam Shipping ASA has agreed to a bareboat charter with a subsidiary of McDermott for the construction support vessel North Ocean 102.

The charter has a firm period lasting through Aug. 1, 2015, with two additional one-year options. Oceanteam Shipping owns 50% of the vessel.

The bareboat agreement gives McDermott full rein to operate, upgrade, and invest in the vessel.

12/17/2012